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5723 Florence Avenue
About This Property
So many great things to say about this home, NEW interior paint, Doors & hardware, base moldings, Recessed lighting, Shower and tub glass doors , Recently upgraded, Kitchen, bathrooms, hardwood floors, All copper plumbing and ABS , to include main services, Dual pane Vinyl windows, Shutters , Closet doors, Front and back yards have been very beautifully landscaped with many different plants , palm trees ,Saint Agustin grass and lighting for those relaxing evening outdoors. That's not all, Back yard comes with a built in granite island that includes stainless steel Barbecue grill , Hot and cold water sink , garbage disposal , refrigerator and gazebo with lighting that sits on a stamped concrete pad , sprinkler system , basket ball court , playhouse with swings and slide perfect setting for your kids to play in and or family entertainment. Wow is right.....Come take a look today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Century 21 Realty Masters | $549,900 | |
| Listed by Century 21 Realty Masters | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017